And so this rumbles on. The situation as I understand it. Negotiations continue but the pace seems to have stalled somewhat for the Australian contingent. They have been chipping away for some time but question marks still remain regarding their ability to fully fund the acquisition. The passing of time has also given them the opportunity to mull over the kind of situation they would inherit, and I guess if funds are tight this may have created an ebb in interest somewhat. I am also lead to believe that they are becoming increasingly frustrated with the owner’s ambition to start a bidding war. So unless something dramatic changes I think the chances of Australian ownership are less likely. There are apparently two other interested parties. The owner has had dealings with one of them before and they are trusted by him and his people. Whether that would be good for the club is largely unknown and I have no information if an offer has been made. The final interest is a bit of a mystery. Capital is no issue by all accounts. However, I am told they are not prepared to pay a penny more than the price they see fit. At the start of negotiations that chasm was vast. Recent reports in the media that the owner would be willing to decrease his demands may be a signal that this group are in the box seat?
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So it's you in the Charlton tracksuit, Kent Addick .... ?
False alarm, everybody.
I saw another 3 posts - so knew it must be HAPPENING!!!!!
New CEO and FD
Well hope rather than guess.